Bob Pease, former president of Shell Trading (US) Co., has been named president and CEO of Motiva Enterprises LLC, a refining and marketing joint venture owned by affiliates of Shell and Saudi Aramco.

He replaces Bill Welte, who will retire Nov. 1, the Houston-based company said.

Since 2004, Pease was responsible for Shell’s oil trading business in the United States as well as most of Shell’s worldwide trading operations in both oil and gas.

Motiva’s assets include three refineries — two in Louisiana and one in Port Arthur — with total refining capacity of 740,000 barrels per day. The company’s marketing operations support a network of more than 8,000 Shell-branded gasoline stations.

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